Most indications point to the investment climate in Costa Rica remaining strong: latest reports indicate that the country is on target to notch a 6.5% growth in GDP for 2006 beating earlier predictions; Intel and Hewlett Packard plan to expand their Costa Rica operations over the next 18 months; and a plethora of new luxury banded real estate developments are ready to launch to accompany the existing Four Seasons and Marriott ventures. There is a real sense that the early risks have been taken and the ‘big boys’ are moving in. Costa Rica has more real estate projects by established international property companies backed up by high quality international marketing campaigns than any other country in Central America. A momentum has been building over the last three years, particularly in the Guanacaste province in the north of the county, with luxury launch following luxury launch, all in relatively close proximity to Liberia international airport.

Perhaps a little unexpectedly, tourism for the last 12 months to October 2006 is slightly down according to la Prensa Latina. For now, though, Costa Rica does appears to warrant its label in the CIA World Fact book as a ‘Central American Success Story.’

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